Two Performance Periods Sample Clauses

The "Two Performance Periods" clause establishes that the obligations or deliverables under a contract are divided into two distinct timeframes, each with its own set of requirements or milestones. In practice, this means that the parties must meet specific targets or complete certain tasks within each designated period, and the contract may outline different standards, payment schedules, or evaluation criteria for each. This structure helps to clearly define expectations and responsibilities over time, reducing ambiguity and allowing for better management and assessment of performance throughout the contract's duration.
Two Performance Periods. The number of Performance Shares the Participant will receive in connection with this Award will be based on the Company’s performance during two (2) periods. The initial performance period for the Participant’s Performance Shares (the “Initial Performance Period”) will begin on January 1, 2015 and end on December 31, 2016 (two years). The secondary performance period for the Participant’s Performance Shares (the “Secondary Performance Period”) will begin on January 1, 2015 and end on December 31, 2017 (three years). The Initial Performance Period and the Secondary Performance Period are collectively referred to as the “Performance Period.”
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Two Performance Periods. The number of Performance Shares you receive in connection with this [20XX-20XX Performance Opportunity] will be determined on the basis of the Company’s performance during two periods. The initial performance period for your Performance Shares (the “Initial Performance Period”) will begin on [January 1, 20XX and end on December 31, 20XX]. The secondary performance period for your Performance Shares (the “Secondary Performance Period”) will begin on [January 1, 20XX and end on December 31, 20XX].
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Related to Two Performance Periods

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.